financial crisis- where to invest my money right now?

[crocop]

i just wanna share my oppinion with you guys and maybe get some good advice. i was thinking about real estate but now i am not sure at all. seems to me that forced mortgages are possible. the german basic law says that the state can take away your real estate if it's for the national interest of the country. many economists say that they will use this law to pay their national debt, e.g. if you have a house that's worth 300.000 euro and it's completely yours you will have to pay 50%(150.000 euro) or in other words you own them 150.000 euros which you have to pay in the next 30 years.

i heard it's very smart to invest in industrial metals now.

would like to hear your oppinion guys

sorry for my english but bussiness english is very difficult to understand

[P UNIT 1980]

i just wanna share my oppinion with you guys and maybe get some good advice. i was thinking about real estate but now i am not sure at all. seems to me that forced mortgages are possible. the german basic law says that the state can take away your real estate if it's for the national interest of the country. many economists say that they will use this law to pay their national debt, e.g. if you have a house that's worth 300.000 euro and it's completely yours you will have to pay 50%(150.000 euro) or in other words you own them 150.000 euros which you have to pay in the next 30 years.

i heard it's very smart to invest in industrial metals now.

would like to hear your oppinion guys

Where have you heard this mate?

I personally think for the next 12/18 months you should look at making sure you dont loose any money as opposed to trying to make more.

I have just maxed my premium bond entitlement in order to ensure its safety.

Will be 100% underwritten by the Bank of England and I have the chance every month of winning some more.

Especially important as the UK slips into another recession and the dreaded double dip.

What is a forced mortgage by the way

[Rev John Ripsher]

The very best investment you can ever make is to invest in yourself .

Make sure you fully equipped and up to date in your business and education .

[crocop]

Where have you heard this mate?

I personally think for the next 12/18 months you should look at making sure you dont loose any money as opposed to trying to make more.

I have just maxed my premium bond entitlement in order to ensure its safety.

Will be 100% underwritten by the Bank of England and I have the chance every month of winning some more.

Especially important as the UK slips into another recession and the dreaded double dip.

What is a forced mortgage by the way

was the case in 1923 and 1948 in germany. the state just takes aways your house to pay off the national debt(the creditor)

[belondon]

I have invented a kick ass product... invest in me.

[crocop]

i fear a hyperinflation, i don't think money will be worth much then

[crocop]

I have invented a kick ass product... invest in me.

are you a talented footballer or someone i can make money with?

[P UNIT 1980]

was the case in 1923 and 1948 in germany. the state just takes aways your house to pay off the national debt(the creditor)

Good job Im not German and dont live in Germany then!!!

[noone_suspicious]

Such law exists but it serves a different purpose.
They take your property when for instance an highway must pass over your house and you dont want to sell but they offer you a good price. It is used as a last resort against individuals holding everones interest in ransom.
Even when it happens people get market value paid for their estate.

Scenario that you described could never happen in the civilised world.

ontopic, gold is a way to go these days.

[crocop]

Good job Im not German and dont live in Germany then!!!

yeah but it's a possible and legal method to pay off the creditors. an other option is a hyperinflation, something will definately happen though, noone is safe atm

[P UNIT 1980]

Such law exists but it serves a different purpose.
They take your property when for instance an highway must pass over your house and you dont want to sell but they offer you a good price. It is used as a last resort against individuals holding everones interest in ransom.
Even when it happens people get market value paid for their estate.

Scenario that you described could never happen in the civilised world.

ontopic, gold is a way to go these days.

Seriously is it still rising???

I though it'd pretty much hit its ceiling.

[DorsetSpursFan]

i fear a hyperinflation, i don't think money will be worth much then

Then NO investment will be worth anything, society will collapse and WWIII will devestate the enire planet, so WTF can you do? Now this is important you must complete the next steps in order or you'll be in bother:
1) Get ratarsed drunk and stop worrying - sometimes shit does NOT happen.
2) Buy a gun.

[boo]

invest in money. or more, the movement of money. 2007 £1 = ¥247. 2012 £1 = ¥100. £100,000 x 5 years = £250,000. that would be just one market of course, there is the €, $...

[crocop]

Such law exists but it serves a different purpose.
They take your property when for instance an highway must pass over your house and you dont want to sell but they offer you a good price. It is used as a last resort against individuals holding everones interest in ransom.
Even when it happens people get market value paid for their estate.

Scenario that you described could never happen in the civilised world.

ontopic, gold is a way to go these days.

i know what you are talking about but the scenario is definately possible! it is already happening!people lost their houses although they payed every single monthly instalment, that has something to do with mortgages. something will happen and they won't take it from the rich, trust me on that

[crocop]

i know for fact that a currency that's not covered must fail, history has proven that. not even the swiss frank is fully covered